Oct 2 in Trading discussion
Patient and Disciplined but lost 5 trades in a row - help?
Reaching out to the group for some help and feedback...I've been patient (not over trading, not taking trades in non-plan areas) and have only taken trades that meet my criteria yet I have taken 5 losses in a row over the past two days. Another positive: my position sizing has been small enough that I'm not yet at risk of losing my accounts. But, 5 losses in a row just sucks - it undermines my patience, since a bunch of losses in a row reduces my confidence that the strategy will *eventually* work.
Help? Anyone been in this position before and recovered to be profitable? How did you recover? Is the answer simply more and more back testing?
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Patient and Disciplined but lost 5 trades in a row - help?
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